Eco predictions/thoughts (1 Viewer)

[livjdoqfhwofocih]

I think the question is wrong, it seems as if they've added the net errors and omissions to the financial account. However, I could be wrong.

Ok that's what I was thinking but I wanted to get another opinion, so thanks!

 

[hjsml]

Hey guys can someone pls summarise the environmental management stuff because im so confused on that topic

 

[qwerg]

Hey guys can someone pls summarise the environmental management stuff because im so confused on that topic

isn't it just how the Australian government tries to achieve its economic objective of environmental management through regulations, limits and economic policies. Like the Australian economy had a carbon tax before and has a goal of "Net Zero by 2050". I reckon you should practice essays on environmental management and use statistics and remember them for the HSC

 

[Ishi081]

does anybody have some good articles about the Chinese economy and its impact on the Australian economy currently
or could somebody summarise what is happening?

 

[hjsml]

isn't it just how the Australian government tries to achieve its economic objective of environmental management through regulations, limits and economic policies. Like the Australian economy had a carbon tax before and has a goal of "Net Zero by 2050". I reckon you should practice essays on environmental management and use statistics and remember them for the HSC

what abt kyoto protocall and paris agreement

 

[qwerg]

what abt kyoto protocall and paris agreement

haven't seen any past hsc questions for it

 

[hjsml]

also is there any exemplar responses for least years essay question on the possible impacts of environmental sustainability

 

[AWM]

Does anyone have the CSSA trial paper for this year???

 

[coolascucumber]

what abt kyoto protocall and paris agreement

what abt kyoto protocall and paris agreement

those treaties are directly related to the net zero emissions targets, more so the paris agreement

 

[qwerg]

also is there any exemplar responses for least years essay question on the possible impacts of environmental sustainability

there's some yeah

 

[ahihimeowmeow]

About the current account, we were in a surplus not long ago but now we’re in a deficit, I couldnt find enough articles on why it’s now a deficit. Or should I just use some of the old stats for the CAD before this year’s CAS OR IF U GUYS COULD FINF ANY PLS SEND

 

[ahihimeowmeow]

This also sounds dumb but how r u guys memorising ‘em stats & essay plans without mixing them up like a smoothiei tried the stupid blurting method but it always takes me half a life to do so

 

[Dontcallmedude]

Eco has so few leaked past papers. CSSA anyone? Or any 2024 trial paper.

 

[tvskAXatar]

About the current account, we were in a surplus not long ago but now we’re in a deficit, I couldnt find enough articles on why it’s now a deficit. Or should I just use some of the old stats for the CAD before this year’s CAS OR IF U GUYS COULD FINF ANY PLS SEND

Foriegn ownership.

Australia has always had a high CAD (apart from 2019-2022) due to the high level of foreign ownership of Australian assets and loose restrictions on foriegn activities here, as well as the savings-investment gap. Many Australian firms cannot find domestic firms to be their investor due to them having insufficient funds for the long term primarily due to Australia’s small population, hence foriegn investment fills the gap (savings-investment gap). Australia also on the other hand has very loose restrictions on foreign investment. For example, Australia is the only major developed country where domestic airlines (excluding QF) can be 100% foreign owned (eg: Virgin) - this is not allowed in the US, UK, Europe (EU) or Canada. This further increases net primary income debits. Australia has relaxed rules on foreign ownership of real estate as well. Australia as a result of these facts and policies, is a net capital importer (more foriegn ownership of Australia than Australian ownership overseas). Australia also does not sufficiently tax multinational mining corporations for taking our resources and extracting it overseas, a big missed opportunity on net primary income. Australia collects more from HECS debt than it does from foreign-owned mining corporations in Australia. So this is all structural/policy factors.

The reason why Australia had a CAS in 2019-2022 was due to record returns on exports offsetting Australia’s payments for imports AND Australia’s debits of interest, repayments, profits and dividends back to foriegn investors and banks. This was temporary and it was always expected to return to deficit.